EM equities diverged significantly from USD strength

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iShares MSCI Emerging Index Fund (AMEX:EEM)

AMEX:EEM iShares MSCI Emerging Index Fund

eem usd dxy oil

EEM and oil prices have high long term correlation with USD strength. EM stocks seem to have diverged from the USD strength, which should correct in the coming months. So short EEM

EM equities diverged significantly from USD strength

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